Dr. Smith Harvey Econ assignment

Fiscal and Monetary Policy

Every day you are bombarded with economic policy news! There is always information and commentary about tax legislation and Federal Reserve intervention. This unit focuses on monetary and fiscal policy. You will learn about the monetary policy tools the Federal Reserve Bank uses to achieve price stability and low unemployment. You will examine the structure of the Federal Reserve system and learn how money is created in the banking system. You will also learn how the government uses fiscal policy to address imbalances in the market and the effectiveness of tax and spending policies.